Health Grades, Inc. To Present at Second Annual Needham & Company Internet & Digital Media Conference

Health Grades, Inc. (Nasdaq: HGRD), the leading healthcare ratings company, today announced that Kerry Hicks, President and Chief Executive Officer of HealthGrades, will be presenting at Needham & Company’s Second Annual Internet & Digital Media Investor Conference at the New York Palace Hotel in New York City, on Thursday, August 9, 2007, at 8:40 am Eastern Time. A link to the audio portion of HealthGrades’ presentation will be available through the Investor link of the Company’s website, www.healthgrades.com.

About HealthGrades

Health Grades, Inc. (Nasdaq: HGRD) is the leading healthcare ratings organization, providing ratings and profiles of hospitals, nursing homes and physicians. Millions of consumers and many of the nation’s largest employers, health plans and hospitals rely on HealthGrades’ independent ratings, advisory services and decision-support resources to make healthcare decisions based on the quality and cost of care. More information on the company can be found at http://www.healthgrades.com.